-
US indices finished yesterday's trading lower. S&P 500 dropped 0.85%, Dow Jones declined 0.78%, Nasdaq moved 0.56% lower and Russell 2000 slipped 0.73%
-
Downbeat moods could have also been spotted in Asia. Nikkei dropped 1.6%, S&P/ASX 200 moved 2% lower and indices from China traded declined more than 0.5%
-
DAX futures point to a lower opening of the European session
-
Cryptocurrencies continued to slide with Bitcoin dropping below $39,000
-
According to Reuters report, China banned financial institutions from offering cryptocurrency services
-
According to Politico report, European Union may decide to freeze investment agreement with China due to sanctions on China being in place
-
Closure of Canadian-US border for non-essential travel has been extended for another month (until June 21)
-
Australian wage growth reached 0.6% QoQ in Q1 2021 (exp. 0.5% QoQ)
-
Japanese industrial production increased 3.4% YoY in March (exp. 4% YoY)
-
API report pointed to a 0.62 million barrel build in oil inventories (exp. +1.7 mb)
-
Precious metals, oil, industrial metals and agricultural goods trade lower
-
EUR and GBP are the best performing major currencies while NZD and AUD lag the most
US100 failed to break above the 38.2% retracement and a lower high was painted as a result. Index is testing the support zone ranging around 50% retracement and press time (15,135 pts) and breaking below it may pave the way for a test of recent lows in the 12,950 pts area. Source: xStation5
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
